GESTION-K: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
GESTION-K
Largest movements
- Cash +€5,174
up €5,174 (+7.8%), from €66,279 to €71,453
mainly Net result for the year (+€6,650) and Deferred charges and accrued income (+€845)
- Deferred charges and accrued income -€845
down €845 (-94.5%), from €894 to €49
- Reserves +€6,650
up €6,650 (+13.3%), from €49,892 to €56,542
- Trade debts -€1,832
down €1,832 (-95.3%), from €1,922 to €90
- Gross operating margin +€910
up €910 (+7.4%), from €12,288 to €13,198
- Other operating charges -€591
down €591 (-41.4%), from €1,428 to €838
- Financial charges +€505
up €505 (+30.7%), from €1,646 to €2,151
- Taxes +€262
up €262 (+10.7%), from €2,449 to €2,711
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,092 | €75,867 | +€4,775 | +6.7% |
| Fixed assets | 21/28 | €2,368 | €2,864 | +€496 | +20.9% |
| Tangible fixed assets | 22/27 | €2,368 | €2,864 | +€496 | +20.9% |
| Furniture and vehicles | 24 | €0 | €1,116 | +€1,116 | |
| Other tangible fixed assets | 26 | €2,368 | €1,748 | -€620 | -26.2% |
| Current assets | 29/58 | €68,724 | €73,003 | +€4,279 | +6.2% |
| Amounts receivable within one year | 40/41 | €1,551 | €1,500 | -€51 | -3.3% |
| Trade receivables | 40 | €0 | €1,211 | +€1,211 | |
| Other amounts receivable | 41 | €1,551 | €289 | -€1,262 | -81.4% |
| Cash at bank and in hand | 54/58 | €66,279 | €71,453 | +€5,174 | +7.8% |
| Deferred charges and accrued income | 490/1 | €894 | €49 | -€845 | -94.5% |
| Total equity and liabilities | 10/49 | €71,092 | €75,867 | +€4,775 | +6.7% |
| Equity | 10/15 | €57,952 | €64,602 | +€6,650 | +11.5% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €49,892 | €56,542 | +€6,650 | +13.3% |
| Distributable reserves | 133 | €49,892 | €56,542 | +€6,650 | +13.3% |
| Amounts payable | 17/49 | €13,140 | €11,265 | -€1,875 | -14.3% |
| Amounts payable within one year | 42/48 | €13,140 | €11,265 | -€1,875 | -14.3% |
| Trade debts | 44 | €1,922 | €90 | -€1,832 | -95.3% |
| Suppliers | 440/4 | €1,922 | €90 | -€1,832 | -95.3% |
| Taxes, remuneration and social security | 45 | €1,940 | €1,381 | -€559 | -28.8% |
| Taxes | 450/3 | €1,940 | €1,381 | -€559 | -28.8% |
| Other amounts payable | 47/48 | €9,278 | €9,794 | +€515 | +5.6% |
| Remuneration, social security and pensions | 62 | €41 | €55 | +€14 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €746 | €800 | +€54 | +7.2% |
| Other operating charges | 640/8 | €1,428 | €838 | -€591 | -41.4% |
| Gross operating margin | 9900 | €12,288 | €13,198 | +€910 | +7.4% |
| Operating profit (loss) | 9901 | €10,072 | €11,506 | +€1,433 | +14.2% |
| Financial income | 75/76B | €0 | €6 | +€6 | |
| Recurring financial income | 75 | €0 | €6 | +€6 | |
| Financial charges | 65/66B | €1,646 | €2,151 | +€505 | +30.7% |
| Recurring financial charges | 65 | €1,646 | €2,151 | +€505 | +30.7% |
| Profit (loss) for the period before taxes | 9903 | €8,426 | €9,361 | +€935 | +11.1% |
| Income taxes | 67/77 | €2,449 | €2,711 | +€262 | +10.7% |
| Profit (loss) for the period | 9904 | €5,977 | €6,650 | +€673 | +11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,977 | €6,650 | +€673 | +11.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.